DENVER / Bloomberg Frontier Airlines Inc., a no-frills carrier, hired underwriters for an Initial Public Offering (IPO), people with knowledge of the matter said. Frontier, owned by private equity firm Indigo Partners, is working with Barclays Plc, Deutsche Bank AG and JPMorgan Chase & Co. on the IPO, said the people, who asked not to be identified because the discussions ...

NEW YORK / AP Gap Inc. is reporting a 2 percent drop in a key revenue measure for February, dragged down by weakness at its Banana Republic stores. The results, announced this week, were slightly worse than the 1.4 percent decline that analysts were expecting, according to Thomson Reuters. Gap said that by division its namesake brand saw revenue at stores ...

PARIS / AFP France and Britain have inked a deal to invest more than two billion euros in the development of next generation combat drones, Paris said in a statement. Following a two-year feasibility study begun in 2014, “we hope to proceed to the next phase in 2017 to prepare for the full-fledged development of operational demonstrators of air combat ...